Europe Leads May’s U.S. Tourism Slide
Summary
Federal data shows U.S. inbound travel weakened again in May, led by a pullback from Western Europe. Western European visitors account for more than 35% of high-spending overseas travelers, amplifying the impact of the decline.
Why it matters
A Europe-led dip cuts into the U.S. travel industry’s most profitable international demand and pressures pricing power across air and lodging.